FG Nexus Inc. Announces Continued Progress in Stock Repurchase Programs

FG Nexus Inc. reported on September 15, 2026, its ongoing progress with its authorized common and preferred stock repurchase programs. As of September 14, 2026, the company had repurchased approximately 4.0 million shares of common stock for about $48.0 million, which constitutes roughly 46% of the common shares outstanding prior to the program's initiation. This leaves 4,707,615 common shares outstanding. Additionally, the company repurchased approximately 275,000 shares of preferred stock for about $6.9 million, representing about 31% of the outstanding preferred shares before the program. Currently, 619,357 shares of preferred stock remain outstanding. The repurchase programs are ongoing and open-ended, with future repurchases contingent upon market conditions, liquidity, legal requirements, and capital-allocation priorities. The company's leadership expressed continued confidence in their capital-allocation strategy and commitment to long-term stockholder value.